by : Mike Clover

Bad Credit Reports will affect your children in many ways. First let's start out with the fact that most Americans are blue collar workers. You are working for the system, which is greedy Corporate America. Corporate America does not allow financial freedom. So you are subject to the 3% salary increase every year if you are lucky. In other words you don't have the money to pay cash for everything that you might want to buy. In this article I wanted to discuss with you in another light, about the fact that your credit report not only affects you, but your children as well. For instance, one of your kids, really need braces. I am not sure if you have checked lately, but braces are very expensive. Current insurance with greedy corporate America does not cover all your cost involved with getting braces these days. So your only choice is to finance part of the cost. The doctor says lets run your credit to see if we can finance the braces for little Johnny. Deep down inside you know you have credit issues, and you just have that feeling they are going to say that bad word NO. The doctor comes back and does exactly what you thought, we cannot find anyone that is willing to finance little Johnny's braces. But here is a number to call so you can find out why. You know why, your credit report is in bad shape because of past mistakes and maybe some recent ones as well. You knew this all along, and did nothing about it. I will tell you this; bad credit does not go away. It will stay on your credit report for 7 years.

Bad Credit destroys lives, and opportunity for people to move forward. Maybe little Johnny needs a car, and you don't have the cash to buy a car, so you have to finance it for him, maybe little Johnny would love a backyard of his own to play in. Now you decide to buy a home, but to your surprise you can't because your credit will not allow anyone to take the risk with your past credit history. I can keep going on and on and on. I could write a book of reasons how you're "bad credit report could affect your children ", but let's talk about how to fix a problem like this.

Your first step is to admit you don't have the credit to get a loan anywhere. I would not go around hoping there is a miracle that someone will lend you money, until you have pulled a current copy of your free credit score report. This will take the guessing game out of the equation, and will give you a peace of mind where you stand with your credit. Once you have determines your credit score, and what is on your report, the next step is to start fixing what is on it. Here is a link with how to fix bad credit reports, go here: Once you have gone through this process, you will soon have good credit, and will be able to finance what every little Johnny needs. Your credit is important, especially if you are not independently wealthy. Most American have to borrow money to get some of the items to live in today's society. My recommendation would be don't let your bad credit report affect little Johnny.